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Agree. The anti fossil fuel attitude from elitest leftists will hurt them with the working poor trying to heat their homes this winter.
Rick wrote: Amazingly stupid, isn't it? I'd actually be ok with $5 a gallon and a shortage so that even the most ardent Biden voting progressives get a wakeup call where they realize the green utopia is still a long way off and our economy will be destroyed without affordable energy.
Yet McNally, now president of consulting firm Rapidan Energy Group, cautioned that the Biden administration's efforts to buy back oil will only partially reverse the drawdown in the SPR's size in recent years.
The buyback plan won't impact congressionally mandated sales of oil from the SPR aimed at raising revenue to ease the federal deficit.
The Energy Department says those sales total as much as 265 million barrels between fiscal 2023 and fiscal 2031.
"Congress has been irresponsibly selling the SPR down," McNally said. "Draining the reserve leaves the country and the world more vulnerable to geopolitical shocks."